Advocate, Inspire & Connect – Women & Boards
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Piedmont Office Realty Trust, Inc. (NYSE:PDM) announced that Kelly H. Barrett, Vice-President of Internal Audit and Corporate Compliance for The Home Depot, joined the Company’s Board of Directors effective March 1, 2016. DHL Holdings Corp. (NASDAQ: DHLC) elected Frances M. Murphy, M.D., M.P.H., to its Board of Directors. Dr. Murphy currently serves as president and CEO of Sigma Health Consulting, LLC,
OnBoard assists companies looking to fill corporate board seats by identifying qualified women candidates from OnBoard’s network of members and advocates. Certain opportunities arise through OnBoard’s relationships with board members and executives, while others arise through OnBoard’s nationwide network of sister organizations in ION (InterOrganization Network). Since early 2015, OnBoard has performed 12 of these searches to increase the number of women on corporate boards. One of the most recent searches includes two OnBoard members on the short list.
Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, appointed Lizanne Thomas to its Board of Directors. Ms. Thomas is a seasoned lawyer, corporate governance expert and business leader who currently serves as Partner-In-Charge of the Southern U.S. Region of Jones Day, one of the world’s largest international law firms.
At the annual dinner, Virginia A. Hepner, President and CEO, Woodruff Arts Center and Director, State Bank Financial Corporation was honored as OnBoard’s 2015 Lettie Pate Whitehead Evans recipient. Fellow director Kelly Barrett, Vice President Internal Audit and Corporate Compliance at The Home Depot said of Virginia, “If I had to emulate one board of director be it female or male that I have seen, it would be Virginia Hepner. She understands the most important role of a board member is to always represent the shareholders, but executes her responsibilities in the most collaborative way in how she works with management.” More Info
OnBoard recognized 10 Georgia public companies with a “Critical Mass” of women on the board. According to a study done by Wellesley College, when a board has 3 or more women comprising 25% or more of the board, the dynamics of board diversity changes. In 2012 there was one Georgia company in this category, Coca-Cola Enterprises Inc. In 2015 there are ten: Coca-Cola Enterprises, Inc., EarthLink Holdings Corp., Gray Television, Inc., Halyard Health, Inc., Primerica, Inc., State Bank Financial Corporation, The Coca-Cola Company, The Home Depot, Inc., Popeyes Louisiana Kitchen, Inc. and United Parcel Services, Inc. In additional there are three more companies within reach of the 3 and 25% category: AGL Resources Inc., Genuine Parts Company, and The Southern Company. Reference: Conrad, A.M., V.W. Kranme and S. Erkut: 2008 ‘Critical Mass: The Impact of Three of More Women on Corporate Boards‘, Wellesley Centers for Women, Wellesley, Massachusetts.
Ann-Marie Campbell, President — Southern Division for The Home Depot® has been elected to the Barnes & Noble, Inc. (BKS:NYSE) board of directors. We celebrate with Ann-Marie who is active with OnBoard in several ways: as a member, a 2012 Executive Leadership Honor Role recipient, a member of the Advocates List, and a past participant in the OnBoard Board Development Program.
The Home Depot®(HD:NYSE), the world’s largest home improvement retailer, announced the appointment of Linda R. Gooden to the company’s board of directors. Ms. Gooden is retired from Lockheed Martin Corporation where she was Executive Vice President, Information Systems & Global Solutions.
Delta Air Lines Inc. (DAL:NYSE) elected Kathy N. Waller to the Board of Directors. Ms. Waller is the Chief Financial Officer of The Coca-Cola Company. She also serves on the boards of Monster Beverage Corp. (MNST:NASDAQ) and Coca-Cola FEMSA.
Halyard Health, Inc. (HYH:NYSE) elected Maria Sainz to the as the third woman to the Board of Directors. Ms. Sainz is the President and Chief Executive Officer of CardioKinetix, Inc.
As reported in BusinessInsider.com by Elena Holodyn: “Companies that have female directors outperform those that only have men.
A Credit Suisse report found that, overall, companies with a market cap greater than US$ 10 billion that have at least one woman on the board of directors outperformed those that had no women at all by 26% for large caps over the six years leading up to 2011.”
At the awards dinner last night, OnBoard recognized Betsy Camp as the 12th annual recipient of the Lettie Pate Whitehead Evans Award which is sponsored by KPMG, LLP. While supported by many, her nomination for the Lettie Pate Whitehead Evans honor was led by Kessel Stelling, Chairman and Chief Executive Officer of Synovus. He said, “There is no one who better epitomizes the spirit of this award than Betsy. As the first female to chair the Board’s Audit Committee, she is one of the most highly respected members of Synovus’ Board of Directors, serving as an advocate for effective corporate governance and risk oversight. She inspires others through her own stories of success, including her leadership over the modernization of a family business that resulted in remarkable revenue growth, the creation of hundreds of jobs, and the naming of several women to key leadership positions.” Read More